I am among the most faithful readers of The Guardian – its football coverage is second to none. Occasionally my eye wanders to other writings. My attention was attracted to this from Lord (raised to the Nobility following his assiduous pandering to Gordan Brown’s climate change agenda) Nicholas Stern.
Nicholas Stern argues that Tony Abbott should make climate change a major agenda item for the G20 show in Brisbane. It is a a pity in this regard that Lenore Taylor, the local journalist who has been punting climate change issues longer than any other, has the inside goss that the matter is done and dusted and is to be confined to a single line in the communique. That the communique is all wrapped up before the leaders have donned their First Class cabin pj’s suggests we should cut to the chase, call it all off and just digest the inevitably anodyne agreement about leaders favouring world peace, prosperity and the welfare of the poor.
But back to the former economist previously known as Nicholas Stern. Some will remember he put his name to a tortuous report that argued, “the cost of human induced climate change under business-as-usual would be, the equivalent of around a 20% reduction in consumption per head, now and into the future”. Combating this, he said would cost only one per cent of GDP. His report has been archived by Her Majesty’s Government.
His alarmist predictions were too much even for the lapdogs at the IPCC who concluded in the studies they actually referenced that the impact over the course of a century or more would be a loss of only 0.5-2.5 per cent. That is less than a single year’s growth. They also concluded that even with the brave new world of technologies yet to move off the drawing board, that the costs would far exceed Stern’s one per cent. In fact this former economist still argues that the costs are understated by the IPCC – now he has uncovered adverse health impacts from tiny particles of pollution from fossil fuels that were somehow overlooked by the supposed 1000 experts in health, economics, psychology and whatever who claim authorship of the IPCC reviews.
In his weekend Guardian article Stern glides over the 18 year warming pause by hiding the trend and declaring each successive decade has been warmer than the previous one. But rather than the fanciful runaway temperature rise he was previously confident about he now says it will be a mere two degrees (true experts like Richard Lindzen suggest one degree from increased human induced carbon dioxide, most of which has already occurred). He conjures up scenarios where this might be harmful enough to promote the wealth sucking policies he advocates.
Stern suggests investments made to combat climate change would yield “powerful returns”. his view in this are shared by the appointees to our “Clean Energy Finance Corporation” (correctly labeled by Finance Minister Cormann “a complete waste of taxpayers money”) and like the “Climate Change Authority” comprising Quiggin, Clive Hamilton (who once promoted me to membership of his Dirty Dozen) and others favoured by patronage of the ALP/Greens and now Palmer United.
He goes on to make the ludicrous statement, “local politics of a country of less than 25 million (Yes, that’s us folks!) is being allowed to prevent essential strategic discussions of an issue that is of fundamental importance to the prosperity and well-being of the world’s population of 7 billion people”.
What a total farce the climate change has been and, though Paris 2015 will fail like Copenhagen, Durban and every other gabfest, there is no end in sight to the political and rent seeker manipulations that it has spawned.